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One thing that makes Breakpoint Trades unique is that we
actually share the URL's to our real
whereas most services either only show images of their charts,
and/or hide their chart settings. In or newsletters for years
now we have shared the direct live chart URL next to each chart.
As you know the market has had a very strong and hard correction
over the last couple weeks. There have been many signs that this
was overdue from the things such as technology lagging, FANG stocks
lagging, divergences between equal weighted indexes and corporate
bonds, Dow Theory, and negative breadth indicators.
Here's a list of these useful chart links in the newsletter link
below, bookmark these and in the future you can keep an eye on them
yourself EVEN if you are not a BPT member or
Useful Market Divergent Charts and
Indicators to Bookmark
XGD.to the Canadian GDX ... ;) Might play the
pullback with HGD.to (2x)
Canadian Financials .... update ...Played out perfectly ...
I didn't shorted it .... but this could have been done with
HFD.to or Short HFU.to (Both very thinly traded ETF, which is why I
didn't took the trade)
HMMJ.to ... didn't trade that pot ETF but that was a nice
B/O today ...
TRST.to ... my entry wasn't as good on this one since I didn't
caught the support, but the B/O has been perfect ...
Canada's biggest natural resource seems like these days
WEED.to / CGC ... always nice when you get a perfect entry
on something right at support and you catch a runner ....
was playing WEED.to
SPY/QQQ/IWM ... There's not much to be bullish here so far ....
all got rejected at the 13ema on the 120m chart....
TSX-60 ... Except pot stock ... there isn't much
interesting here to see ... especially not Canadian Energy
stocks with the crazy Western canadian Select discount seen
recently against WTI ... Maybe we should sell cannabis
blend with crude oil .... ?
at least not lag like today ....
really need QQQ's to lead though
$SPX - Chart Link
IWM has a bear flag look on 30 minute - needs to form a higher
low or divergent low
SPY DOWN .56% / Q's Down 1.21% ... BUT IWM up .37%
... something to take note of .... even though they are
lagging a lot overhaul and led the charge lower ... we want
to them to lead a possible bounce if there's one coming
yes was very nice
As I stated last week, until this changes hard to sustain any
fyi Netflix (NASDAQ:
NFLX) is due to
report Q3 earnings tomorrow after the bell.
$SPX - Chart Link - follow up, also note
ES 60 Uptrend line being tested again - SPX 5 minute swoosh
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